Residential rentals in the Sultanate did not change significantly in the third quarter of 2011, after several industry sources have put the average residential rental decline in Oman in the first half around 10-15 percent, according to a report by Global Investment House. The study further notes that apartment monthly rents ranged between RO330 and RO750 in the third quarter in line with second quarter and down from RO350 and RO800 in the first quarter, reflecting the lower demand for higher end properties versus affordable housing.
� Muscat Press and Publishing House SAOC 2011 Source: http://www.albawaba.com/omans-residential-rents-showing-signs-stability-402785
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